2700 Highland Avenue

Manhattan Beach, CA 90266

$16,950,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1948

calendar_month Built

Property Description

This property presents an exceptional development or redevelopment opportunity for investors or owner user buyers. With unparalleled scale and scope, this rare chance allows for the creation of a landmark project in one of the most prestigious beachfront communities in the United States. In this environment where luxury meets lifestyle, there is immense potential for visionary real estate endeavors. County records show this is one of the largest remaining Sand Section sites for development or renovation. Situated diagonally across from the park with spectacular views of The Strand, sand, surf and Pacific Ocean. 2700 Highland is a large 9,824 sq ft parcel with 5,027 sq ft of living space. This parcel offers a spacious apartment compound with a 5-bedroom owner’s unit and four separate apartments. A fifth apartment was incorporated into the owner’s unit to provide the 5th bedroom. 2712 Highland is a 1,574 sq ft parcel with 624 sq ft of living space. These 2 parcels boast a total living area of 5,651 sq ft and a combined lot square footage of 11,398 sq ft. 2700 and 2712 are being co-marketed. 2700: APN #4176-020-12 is listed as MLS SB24024396. 2712: APN #4176-020-013 is listed as MLS SB24024430. The units themselves require TLC but the renovation or development potential is unmatched in the Sand Section. Proforma rents are based on post renovation condition. Properties are offered together, if interested in purchasing as separate parcels, please contact listing agents. Building images are conceptual only. Tenant occupied, please do not disturb tenants.

Listing Information

List Price $16,950,000
Status Active
MLS SB24024396
Type Residential Income
Subtype Apartment
Year Built 1948
Lot Size 9,824
Structure Size N/A
DOM 214
Courtesy Of Engel & Volkers LA South Bay
Listing Agent David Salzman DRE#00952732
Co-Listing Agent Carol Glover DRE#01473202

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features Living Room
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: David Salzman, Carol Glover, Engel & Volkers LA South Bay . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.